May 13, 2014  the North Carolina Revenue Laws Study Committee is considering a bill draft for introduction in the 2014 Legislative Session that would change the way North Carolina determines tax liability for multistate corporations with a North Carolina nexus.

When determining state tax liability, multistate corporations consider what percentage of the corporation's sales are in a state; what percentage of a corporation's workforce is in a state; and what percentage of a corporation's property is in a state.  Under current law the sales factor is doubled-weighted in North Carolina.  The proposed bill would increase that to a four-times-weighted sales factor.